Digital transformation DT or DX essentially refers to putting to best use the new age digital technologies and drivers such as Artificial Intelligence and Internet of things (IoT)
IPA will undoubtedly become an even more integral part of the future operating models. Experts suggest that IPA will further leverage AI, eventually leading to a complete automation of processes.
Experts have recommended time and again that companies have to radically alter their existing dynamics to accommodate change and stay relevant.
Intelligent Automation(IA) systems can detect and produce large amounts of information, automate an entire process or workflow, learn and adapt as it keeps improving with daily updates and interaction.
RPA is clearly considered an improvement over assisted automation but still, there are places where it is more suitable than unassisted automation. Myths and misunderstandings around robotic process automation however are still many.
A McKinsey study says that Robotic Process Automation (RPA) is a promising new development in business automation that offers a potential ROI of 30–200 percent — in the first year.
Enterprises need Artificial Intelligence for a true breakthrough in the way organizations are run and AI has the potential for groundbreaking business transformation.
Experts are certain that the new wave of digital transformation will adopt IA and reap maximum benefits of this modern technology. If the basics are in place, intelligent automation will become the new backbone of your enterprise.